External expertise is essential for unlocking business success and avoiding blind spots. Leaders should leverage the knowledge and experience of external partners to identify and address potential challenges.
Category: Green Supply Chain And CSR
In business, late inputs from suppliers and customers can create significant risks. Staying ahead of the game requires proactive communication and collaboration to mitigate potential disruptions.
Organizations must balance cost reduction and competitive drivers to avoid blinkered vision. A myopic focus on cost cutting can lead to missed opportunities and lost competitive advantage.
In today’s global supply chain environment, trustworthiness has become increasingly important for companies to ensure their success.
Creating loyal customers is an essential part of running a successful business.
Accurately measuring customer fill rates is an essential part of managing global supply chains.
The global supply chain has been undergoing a steady transformation in recent years, and this shift has had dramatic effects on the strength of unions and their ability to protect workers. Broken Bonds: The Harsh Reality of Unions Failing Their Members examines the consequences of a weakened union presence in the workforce. With diminished bargaining power, it becomes increasingly difficult for collective action to secure better wages and working conditions for employees, leading to rising levels of inequality among all workers in the global economy.
For companies looking to reduce their environmental impact and embrace sustainability, a green supply chain is an essential first step. Supply chains are responsible for the majority of greenhouse gas emissions from businesses and make up a large percentage of operational costs.
Corporate Social Responsibility In INDIA (Part I Overview) Corporate social responsibility must not be defined by tax planning strategies alone. Rather, it should be defined
About Australia Leads The Way To Globalisation Australia is talking with ministers from Japan, Korea and China to finalise Free Trade Agreements with the trio ahead of Tony Abbott‘s visit to Asia in April. On Wednesday, Japan’s Farm Minister Yoshimasa Hayashi and Australia’s Trade and Investment Minister Andrew Robb failed to reach a consensus on tariff elimination. However, they confirmed negotiations would still be underway to
About Supply Chain 3.0 In this series, I will address the second question raised at the start of the previous blog series – “What are the benefits of supply chain 3.0?” Before answering that question, let me go over the three type of responses I generally get when I explain to people that supply chain 3.0 is real.
Business Executives of Brazil’s Soccer In the early 90s, more than two decades since its last World Cup championship title, Brazil hungered for the trophy more than any other country on earth. Yet the scars from its 1950 campaign were still not totally erased. Dubbed as the saddest day in Brazilian soccer history, July 16
Importance of KPI In Supply Chain Network I came across the following picture on the blog of Thaku Huni and the thought struck me about a situation I encounter quite frequently: Importance of KPI In Supply Chain If you asked any objective person about the KPIs of the group of six men above – most
Most effective business leaders relish the challenge of answering questions such as the following: Which Business Models are Now Obsolete? Business Models Has The Answer To Everything. 1. Why did Apple sue Samsung while it continues to buy critical parts for its winning products from Samsung?
The Global Business Networks are Shortening The first business book that I read was “In Search of Excellence” by Tom Peters and . It was a gushing account by two ex-McKinsey consultants truly in search of excellence among American businesses, and plethora of advise that to my then untutored mind (after all, I was still
Dell’s Supply Chain Dell has not made as much news as it is making in the last few weeks for nearly a decade. Dell is once again back in the news this week, after opening its books to scrutiny by activist investor Carl Icahn. It has been a rocky road for Dell of late; 2012
Topic: The 5-STAR Business Network Interview Interviewer: Ric Bratton of This Week In America Interviewee: Vivek Sood of Global Supply Chain Group (author of The 5-STAR Business Networks) Here is the entire transcript of the interview: 5 STAR Business Ric Bratton: Welcome back everybody!
THE ASIAN BANKERS SUMMIT OF SUPPLY CHAIN Despite a high level of participation, and over 1,000 attendees, the mood was rather sombre. I enjoyed the frank and realistic discussions and tried to attend as many sessions as my limited schedule permitted. I am a Chartered Financial Analyst (CFA) for the last 14 years, and attend
PDF – Impact of Supply Chain Management in Businesses of Today
The results are in, and for PC sales they are neither good nor bad – but ugly! The pundits are out to find a scapegoat – and the most convenient scapegoat at the moment is Microsoft. The PC sales Debacle. For example see this report in today’s Wall Street Journal – which hails Microsoft’s mea culpa.
What is Supply Chain Optimisation? System demos are tedious things at best. The developers are trying to showcase the best aspects of their baby in best possible light. They have spent months, sometimes years, thinking about and developing functionality. It is really a big ask to show off the usefulness of it all, in half
How Will Green Supply Chain Be In The Future. Green Supply Chain revolutionizes the company; indeed, throughout supply chain, Green Supply Chain planning enables to minimize the environmental impact of the overall endeavour while still achieving the same results. Everything is the Life Cycle Management:
Following are some of the key benefits of Green supply chains: Positive Impact On Financial Performance Despite ample evidence to the contrary, there persists a myth that going green costs additional expense. Some of the factors responsible for persistence of this myth are inertia, the lack of a systematic approach and an unwillingness to engage
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Learn All About Revamped Business Model New challenges need new responses. The common organizational model looks like the generic drainpipe structure, meeting the mammalian need for an ordered hierarchy and flow of power within a business. Most companies have evolved in the last 2 decades and their functioning has become almost entirely customer centric.
5-STAR Business Networks As the economic centre of the world moves more and more towards its more populous nations in Asia, a number of businesses are realising that they must adjust their business models, as well as their 5-STAR Business Networks to this new reality. Take the example of airlines industry.
Ally In Supply Chain The digital revolution (aka tech revolution) has changed the way we live, work and play. The boom of software and IT solutions have caused disruption and realignment for businesses. When business intelligence is implemented and used effectively there is a real pay-off.
Supply Chain Optimisation / transformation. Optimisation has always been a hot topic for strategists and business transformations executives. Now, as the mantle for leading corporations is moving from strategists to the integrationists and supply chain leaders – optimisation is hotter than ever before.
Industrial Age Tools Vs Information Age Weapons This is the part 2 of my earlier post What I Learnt Fighting Pirates (Not in the Caribbean)! (that post was getting too long, so I had to break it into two parts). I asked bosun to send a repelling party to cut the ladder and the scrambling rope, While
Supply Chain Management Software, Executives, managers and businessmen encounter a multitude of problems while deciding, selecting, implementing and using supply chain management software. We have created a poll to stimulate discussion on the most common problems. Please participate in the poll and use comment section to share your experience. Here is the link to the
Facebook and NewsCorp On the face of it, the two companies could not be more widely apart. One is the paragon the new paradigm, while other is an old dying breed! I am, of course, talking about Facebook and NewsCorp. That is what all the pundits will tell you. They will also explain the logic of why News Corp bought MySpace in
How Will Globalisation Be In The Future. No matter which country you look at today – you see big problems. Emerging problems are currently grappling with massive monetary expansionism triggered by a need to keep currency stability in face of periodic bouts of Quantitative Easings. For example see the article “Rajan Warns of Policy Breakdown as
CEO For Microsoft CEO FOR MICROSOFT. CEO Wires are abuzz with the talk about Satya Nadella – who seems to be the front runner for the job of Microsoft CEO. Many profiles have emerged online – e.g. see the article Satya Nadella: CEO For M The man who may soon become Microsoft CEO. Google’s Sunder
A Valuable Lesson in Supply Chain There I was sitting across the desk from the legendary fleet commodore of my company. As a junior officer I could sense the power of the man who had led some of the most daring, and most successful sea voyages of his time.
SUPPLY CHAIN 3.0 In the last entry, I have talked about the first two pillars underpinning Supply Chain 3.0. So, what are the other three key cornerstones? Transaction Optimisation Profitability (TOP) measures the ability to simultaneously minimize the costs, and maximize the revenues on each transaction that a company enters into. Consider this – there are companies today that
Miles Of Amazon Complexity Network Rivers become amazingly complex in their last few miles. If you have not yet done that try and navigate the Amazon delta from the sea up to the river – it is an enlightening experience. As a former ship’s master, I have had the privilege of navigating up a number
It appears a bit extreme now – but it was very common at time when I was a navigating cadet. Learn More Strategy Is An
About Supply Chain Business Imagine if you were a small sized furniture seller, and suddenly your suppliers refused to supply furniture to you because they
About Supply Chain Company I was shocked when I heard of the bankruptcy of Hostess Brands Inc. The $2.5 billion maker of Twinkies and Wonder
How Will Asian Banker Summit 2015 Be In The Future On 14 – 16 April 2015 in Hong Kong Convention and Exhibition Centre, Hong Kong,
Organizational Silos in Supply Chain Organizational silos are based on the division of labor, on organizing the labor in such a way that each individual
Nokia’s Supply Chain Business Virtually all its shareholders gave their approval, and with a stroke of pen the Finnish firm that once dominated the global
Business Transformations Process If I have seen it once, I have seen it a hundred times. A new person is brought in with a clear
The 5-STAR Business Network – Make Your Business Network Great In his book The 5-STAR Business Network (http://bit.ly/5-STARBN), Vivek Sood mentions the concept of synchronicity,
The new Apple watch (series 4) was just released yesterday, and I was reminded of my previous blog I wrote a few years ago when
BIG Breakthrough Supply Chain Results Start of the year is always a memorable occasion – full of joy and hope. It is also the time
The Reason Why Everyone Loves Supply Chain Security. People often wonder where the best opportunities for start-ups are. Supply Chain Security space is getting a
Startling Statistics Consultants Supply Chain I came across startling statistics which prompted a new line of thinking that I wanted to share – hence this
Very few companies seem to have enough warehousing space. Almost 80% of the companies I have interacted with as part of my projects (and that
I was asked another very interesting question on Quora by a reader Benjamin Myer. I think the question merited some discussion and attention. Below Is
Why Finding The Right Management Consultants Is Difficult If you have watched the globally famous TV show, Who wants to be a millionaire? you will
Why Supply Chain Business Transformations (BT) Jobs Differ From Supply Chain Business-As-Usual (BAU) Jobs
Supply Chain Business Transformations Violinists have a different skill set and profile than the violin makers. Sports equipment makers have a different profile than the
There are two reasons why this is not going to be a BIG headline in the mainstream press for at least three months yet (but,
Do Not Waste Your Money On Transportation Management System (TMS) Unless You Do This First Online Resources Facebook Twitter Linkedin Youtube Do Not Waste Your